Yell 1Q net rises 23%, reiterates fiscal 2006 guidance

SarahTurner

LONDON (MarketWatch) -- British and American directories group Yell PLC
uk:yell
said Tuesday that first-quarter net income rose 22.9% to GBP47.8 million, revenue rose 11.6% to GBP313.6 million, and the company also reiterated its fiscal 2006 guidance. The company said, in its U.K. operations, slower-growing second-quarter directories growth is expected to affect first-half revenues but sales are on track to meet fiscal 2006 expectations. Meanwhile, U.S. second-quarter sales are expected to be affected by a smaller launch program but are also on track to meet fiscal year forecasts, the company said.

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